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Dec 10, 2012 4:00am EST
of the export numbers here. the exports came in at 9% growth. but that was supposed to be a slowdown. tim port numbers came in at zero growth and a lot of people were expecting to see an easing of 2% growth. so the figures that came out really were underscoring people's concerns, especially in the manufacturing sector about the health of the growth demand, specifically to europe as well as to the united states. so the shipments to the u.s. looks pretty bag. they clocked negative growth. this is very rare. and the shipments to europe were even worse. we saw shipments to europe fall by 18% year on year. this is the worst performance that we saw in three years. so overall, peek are quite concerned about the fiscal cliff, they're worried about whether or not the countries in those parts of the world will continue to by chinese aid goods. if you look at those figures in isolation would show a negative picture. however, if you look on the other side, there are some other numbers that were offsetting those trade data figures. we had the factory overput figures over the weekend. retail sales numbers c
Dec 3, 2012 4:00am EST
issues like liquidity. >>> and a strike at the port in long beach could cost the u.s. economy $1 billion a day. more details when we come back. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express ember 22nd for christmas delivery. >>> you'euro slightly firmer agt the dollar. this is bank of france governor says the city of london should no longer be the main trading hub. is he whis links in tling in th is it doable? >> i think if you look at the figures they speak for themselves. at the moment 40% is actually this london compared to maybe 3% in france, 2% in germany, and it's not just that london dominates, but that the long term trend is actually away from france and germany and towards london. so a tough challenge for the ecb. >> so even if eurozone banks -- i suppose can they lean on eurozone banks to move their trading floors to paris and frankfurt. i don't know. >> that's true. and the fact is with currency, it's not just abou
Dec 5, 2012 4:00am EST
of the ports of los angeles and long beach. striking clerical workers and longshoremen who refuse to cross picket lines will be back on the job later. shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> a recap of the headlines. the fiscal fight rages on in washington as republicans try to fend off an internal divide. shanghai stocks jump after china's government plengs to support pro-growth economic r
Dec 4, 2012 4:00am EST
's busiest port since a 10 day lockout by longshoremen in 2002. and this one is taking place after the busy pre-holiday shipping season. major retailers unexpected, but asking president obama for intervene. and it seems justin bieber may not know his banking history. the teen idol was asked to lead a ping-pong tournament and asked why does he get the room and not us, suggesting the pop star's unaware that jpmorgan actually deceased some time ago, a jpmorgan apologized for the confusion saying bieber is welcome to play ping-pong with us anytime. any way, on to japan. to japan now. qualcomm will be taking a stake in sharp. the story for us from tokyo. >> the deal will see the two uses sharp technology. sharp will receive $61 million from qualcomm by the end of this year which wou year, but the chip maker will also make additional investment the in the future if the partnership turns out to be successful p. the nikkei reporting the total amount of investment would be around $22 million which would give qualcomm a roughly 5% stake in sharp. sharp likely to post its second consecutive net loss f
Dec 26, 2012 5:00am EST
. the union represent more than 14,000 workers at more than a dozen ports from boston to houston. the key sticking point -- container royalties or payments to union workers based on the weight of cargo. >>> now back to the markets. before the break, we told you about the best performing emerging markets this year. but -- emerging markets this year. the third best performing market this year is estonia, up 36.51%. and at number two is pakistan with the karachi stock exchange 100, up 49% for 2012. and the best performing market so far this year is turkey's ise national 100 index. up 52.26% this year. now our next guest says a play in the emerging markets could be a good bet for a successful 2013. joining us now to highlight the key markets to watch around the globe is ron shaw, managing partner at gina ventures. how are you doing? >> good. good morning. >> very good morning to you. did santa bring you everything you were hoping for? >> that and then some. >> that and then some. good. let's talk about emerging markets now. i've spoken to you a lot about how in the last couple of years, of co
Dec 18, 2012 4:00am EST
this morning. about 18 for us nasdaq and nearly 10port s&p 500. this on news that president obama has made a new offer to house speaker john barrier as they try to avoid the fiscal cliff. the president is now reportedly seek to go extend the bush era tax cuts for those making below $400,000 a year, up from his previous threshold of $250,000. for more on how this all might play out, pleased to be joined by greg ipps. hi, greg. so how does this latest news, these talks square in with your baseline view of was going on happen here? >> kelly, i think this is pretty good news. up until last friday, we had seen slow movement towards each other's positions by john boehner and barack obama. we had not seen any give on either side in their key issues. yet in the last few days, all this has changed. over the weekend, john boehner apparently came back to the white house and said he would be willing to consider higher tax rates on people making over $1 million. the president responded and said why don't we make it $400,000? that was an important concession from both sides. the president wanted to rais
Dec 28, 2012 4:00am EST
strike as more than a dozen ports along the u.s. east and gulf coast stretching from maine to texas. more than 14,000 long shoremen could walk off the job when their contract expires on saturday in a long running pay despite for shippers. the biggest shipping point is over container royalties which are paid to union workers based on cargo weight. a strike could hurt u.s. exports, factories and affect retailers waiting for shipments of spring merchandise. >> noise of flights have been canceled in the u.s. northeast as a powerful winter storm has brought heavy snow and winds across the region. over a dozen people have reportedly been killed as a result of the storm. joining us now for more from the weather channel is reynolds wolf. he is a meteorologist. reynolds, what can you tell us about this storm? and just how much more people might need to brace for? >> well, i've got some very good news for you, some bad news. the good news that we have for su that storm system is dying out. that's the good news. so there's very little left, maybe some residual snow showers in parts of the northeast.
Search Results 0 to 6 of about 7